Banks News & Articles

Citibank to exit consumer banking business in India — Citibank to exit consumer banking business in India
16 Apr 2021, 09:06

RBI Governor calls for coordinated action to give tax relief on petroleum products — RBI Governor calls for coordinated action to give tax relief on petroleum products
07 Apr 2021, 13:22

RBI keeps interests rates unchanged — RBI keeps interests rates unchanged
07 Apr 2021, 10:42

SBI hikes home loan rate to 6.95% effective from April 1 — SBI hikes home loan rate to 6.95% effective from April 1
05 Apr 2021, 16:34

SBI's mobile banking seems to have hit a snag — this time without a warning — SBI's mobile banking seems to have hit a snag — this time without a warning
01 Apr 2021, 11:47 by Prabhjote Gill

Indian banks get a six-month breather to comply with RBI's new framework for auto-debit payments — Indian banks get a six-month breather to comply with RBI's new framework for auto-debit payments
01 Apr 2021, 09:50 by Prabhjote Gill

Bank OTP issue – SBI, ICICI, HDFC and other bank customers could face OTP issues from April 1 — Bank OTP issue – SBI, ICICI, HDFC and other bank customers could face OTP issues from April 1
31 Mar 2021, 15:53 by Rounak Jain

Leading private banks won't support auto-debit payments from April 1 because they need more time to comply with RBI's new mandate — Leading private banks won't support auto-debit payments from April 1 because they need more time to comply with RBI's new mandate
31 Mar 2021, 10:32 by Prabhjote Gill

HDFC Bank’s digital services are glitching again despite RBI’s warning and ban on launching new products — HDFC Bank’s digital services are glitching again despite RBI’s warning and ban on launching new products
30 Mar 2021, 15:46 by Prabhjote Gill

SIMPLY PUT: The ripple effect of Archegos Capital's collapse may cost global banks $6 billion — SIMPLY PUT: The ripple effect of Archegos Capital's collapse may cost global banks $6 billion
30 Mar 2021, 11:15 by Prabhjote Gill

Moody's withdraws ratings of Indian Overseas Bank and Central Bank of India — Moody's withdraws ratings of Indian Overseas Bank and Central Bank of India
23 Mar 2021, 17:35

India's banking stocks are on fire after top court allows them to call out bad loans — India's banking stocks are on fire after top court allows them to call out bad loans
23 Mar 2021, 16:29 by Prabhjote Gill

India's Supreme Court waives compound interest on ALL loans put under moratorium due to COVID-19 pandemic — India's Supreme Court waives compound interest on ALL loans put under moratorium due to COVID-19 pandemic
23 Mar 2021, 13:05 by Prabhjote Gill

India hopes that more money will bridge the infrastructure gap⁠ but many believe that may not be enough — India hopes that more money will bridge the infrastructure gap⁠ but many believe that may not be enough
17 Mar 2021, 15:51 by Prabhjote Gill

India sets up a new bank for big infrastructure projects as it aims to raise $41 billion in a few years — India sets up a new bank for big infrastructure projects as it aims to raise $41 billion in a few years
16 Mar 2021, 16:39 by Prabhjote Gill

Banks are not liable to cough up payments if you have been a victim of fraud or scams — Banks are not liable to cough up payments if you have been a victim of fraud or scams
16 Mar 2021, 11:48 by Prabhjote Gill

Bank employees on strike today and tomorrow — ATMs, net and mobile banking likely to be the only relief — Bank employees on strike today and tomorrow — ATMs, net and mobile banking likely to be the only relief
15 Mar 2021, 10:41 by Prabhjote Gill

EXCLUSIVE: Bankers may be working all 31 days of March with the government looking to double the loans doled out under the PM SVANidhi scheme — EXCLUSIVE: Bankers may be working all 31 days of March with the government looking to double the loans doled out under the PM SVANidhi scheme
05 Mar 2021, 10:14 by Prabhjote Gill

India's Exim Bank has loaned Swaziland $60.30 million with a fresh line of credit worth $10.40 million — India's Exim Bank has loaned Swaziland $60.30 million with a fresh line of credit worth $10.40 million
03 Mar 2021, 15:50

Highlights from RBI governor’s keynote address to Bombay Chamber of Commerce and Industry — Highlights from RBI governor’s keynote address to Bombay Chamber of Commerce and Industry
25 Feb 2021, 14:01

RBI wants you to memorise all your debit and credit card numbers — Amazon, Zomato, Netflix and others argue this will make online payments more tedious — RBI wants you to memorise all your debit and credit card numbers — Amazon, Zomato, Netflix and others argue this will make online payments more tedious
24 Feb 2021, 14:21 by Prabhjote Gill

One in every five rupees lent by SBI to individuals, goes to government employees — One in every five rupees lent by SBI to individuals, goes to government employees
22 Feb 2021, 14:21 by Navdeep Yadav

Bank of India, Central Bank of India, Indian Overseas Bank, and Bank of Maharashtra rally by over 19% on hopes of privatisation — Bank of India, Central Bank of India, Indian Overseas Bank, and Bank of Maharashtra rally by over 19% on hopes of privatisation
16 Feb 2021, 17:24 by Prabhjote Gill

Moody's sees better than expected recovery of asset quality in India's leading private banks — Moody's sees better than expected recovery of asset quality in India's leading private banks
05 Feb 2021, 17:23

India's largest bank reports a sharp fall in bad loans — enough for the street to ignore the 7% fall in profit — India's largest bank reports a sharp fall in bad loans — enough for the street to ignore the 7% fall in profit
04 Feb 2021, 15:43

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